NOT LISTED FOR SALE

Estimated Value: $2,271,000 - $3,234,511

6 Beds
5 Baths
4,978 Sq Ft
$550/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $2,375,000 $477 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $16,846/month

47 Days on Market

Highlights

  • Guest House
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Third Street Elementary School Rated A
  • Wood Flooring
  • Spanish Architecture

About This Home

As of March 2022

Spectacular Duplex in Historic Hancock Park! This unique investment opportunity is perfect for an owner-user or to rent out both expansive units for a steady stream of passive income. On one of the best streets in the area, you’ll find a tree-lined street welcoming you to a quaint property with a large front yard making you feel right at home. Totaling 4,978 sf of turnkey living space, the first-floor unit is a 3bd/2ba and the larger and updated unit on the second floor features a 3bd/2.5 bath with bonus room, remodeled kitchen and private balcony. Both light and bright units feature original hardwood floors, large windows, arched walkways, custom crown moldings, classic bathrooms, formal dining rooms, fireplaces and classic light fixtures. A peaceful patio and large yard out back provide a perfect space for kids, pets and to enjoy unrivaled California weather. Additional amenities include central HVAC, in-unit laundry and ample parking. Minutes from the Grove, Larchmont, LACMA, trendy restaurants and shopping, the 101, 2 and 10 freeways and so much more, this area is in high demand. Contact us today for more details!

Last Agent to Sell the Property

Eric Delgado

Luxury Collective License #01831579 Listed on: 10/14/2021

Co-Listed By

Sandra Leon

Luxury Collective License #01977632

Last Buyer's Agent

Eric Delgado

Luxury Collective License #01831579 Listed on: 10/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,290

Year Built

  • Built in 1927

Lot Details

  • 7,155 Sq Ft Lot
  • 1 Common Wall
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Spanish Architecture

Interior Spaces

  • 4,978 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Center Hall
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Guest House

Listing and Financial Details

  • Tax Lot 340
  • Tax Tract Number 8498
  • Assessor Parcel Number 5513016021

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,290

Year Built

Built in 1927

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR2
  • Architectural Style: Spanish
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5513016021
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Pantry
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 477.10
  • Room Type: Center Hall, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • Other Structures: Guest House
  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Sq Ft: 7155.00
  • Lot Size Acres: 0.1643

Multi Family

  • Lot Size Area: 7155.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2141.00
  • Tax Lot: 340
  • Tax Tract Number: 8498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Feb 18, 2022
Sold by
Richard Chang Chingshuen and Richard Ching-Jye
Bought by
Adinastohl Sara
Seller's Agent
Eric Delgado
Luxury Collective
Buyer's Agent
Eric Delgado
Keller Williams Encino-Sherman Oaks
List Price
$2,399,000
Sold Price
$2,375,000
Premium/Discount to List
-$24,000
-1%
Current Estimated Value
$2,736,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,128
Avg. Annual Appreciation
4.01%
Original Mortgage
$2,137,263
Outstanding Balance
$1,993,311
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$742,817

Purchase Details

Closed on
Nov 28, 2016
Sold by
Chang Chingshuen Richard
Bought by
Chang Chingshuen Richard and Chang Ching Jye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$797,233
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 2012
Sold by
Jackson Pearl
Bought by
Chang Ching Shuen and Chang Ching Jye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$846,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 27, 2012
Sold by
Jackson Marc R
Bought by
Jackson Pearl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$846,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 12, 2009
Sold by
Jackson Pearl
Bought by
Jackson Marc R

Purchase Details

Closed on
Sep 27, 2006
Sold by
Jackson Eugene
Bought by
Jackson Pearl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,361,500
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2006
Sold by
165 S Mansfield Ave Llc
Bought by
Jackson Pearl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,361,500
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2005
Sold by
Morrow David M and Morrow Linda B
Bought by
165 South Mansfield Ave Llc

Purchase Details

Closed on
May 17, 2005
Sold by
Ringel Diane and The Diane Ringel 1999 Revocabl
Bought by
Morrow David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,359,035
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2004
Sold by
Ringel Diane
Bought by
Diane Ringel 1999 Revocable Trust

Purchase Details

Closed on
Jan 13, 2003
Sold by
Lutchansky Diane Ringel and Diane Ringel Lutchanksky 1999
Bought by
Ringel Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Interest Rate
5.96%

Purchase Details

Closed on
Jan 24, 2002
Sold by
Ringel Diane R
Bought by
Lutchansky Diane Ringel and The Diane Ringel Lutchansky 1999 Revocab

Purchase Details

Closed on
Sep 5, 2001
Sold by
Difrancesca Robert J and Clair Richard F X
Bought by
Ringel Diane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%

Purchase Details

Closed on
Nov 23, 1993
Sold by
Difrancesca Robert J and Clair Richard F X
Bought by
Difrancesca Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adinastohl Sara $2,375,000 Lawyers Title
Chang Chingshuen Richard -- Provident Title Company
Chang Ching Shuen $1,367,000 Provident Title Company
Jackson Pearl -- Provident Title Company
Jackson Marc R -- None Available
Jackson Pearl -- First American Title Co
Jackson Pearl -- First American Title Co
165 South Mansfield Ave Llc -- Orange Coast Title Co
Morrow David M $1,830,000 Equity Title Company
Diane Ringel 1999 Revocable Trust -- Equity Title Company
Ringel Diane -- North American Title Co
Lutchansky Diane Ringel -- --
Ringel Diane R $899,000 Equity Title
Ringel Diane R -- Equity Title
Difrancesca Robert J -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adinastohl Sara $2,137,263
Previous Owner Chang Chingshuen Richard $797,233
Previous Owner Chang Ching Shuen $846,000
Previous Owner Jackson Pearl $1,361,500
Previous Owner Jackson Pearl $1,361,500
Previous Owner Morrow David M $1,359,035
Previous Owner Ringel Diane $649,000
Previous Owner Ringel Diane R $650,000
Previous Owner Difrancesca Robert J $417,000
Closed Ringel Diane R $69,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2022 03/22/22 Sold $2,375,000 -1.0% $477 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $2,399,000 +70.1% $482 / Sq Ft
02/28/2013 02/28/13 Sold $1,410,000 +17.6% $283 / Sq Ft View Prior Sale
10/23/2012 10/23/12 Pending -- -- --
10/20/2012 10/20/12 For Sale $1,199,000 -- $241 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,290 $2,520,368 $1,804,053 $716,315
2024 $30,290 $2,470,950 $1,768,680 $702,270
2023 $29,706 $2,422,500 $1,734,000 $688,500
2022 $19,134 $1,586,265 $1,122,106 $464,159
2021 $18,881 $1,555,162 $1,100,104 $455,058
2019 $18,320 $1,509,036 $1,067,475 $441,561
2018 $18,164 $1,479,448 $1,046,545 $432,903
2016 $17,343 $1,422,001 $1,005,907 $416,094
2015 $17,090 $1,400,642 $990,798 $409,844
2014 $17,148 $1,373,206 $971,390 $401,816
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21226282

California Regional Multiple Listing Service (CRMLS)

APN: 5513-016-021